Rupee Rebounds 88 Paise from Record Low Against Dollar
The rupee made a remarkable recovery in early trade on Wednesday. It surged 88 paise from its all-time closing low to reach 87.93 against the US dollar. This positive shift…
RBI’s Heavy Hand Returns to Support Rupee in Market Defense
The Reserve Bank of India intervened heavily in the currency market on Wednesday to shore up the rupee. Traders noted the move mirrored the central bank’s script from its February…
Retail Inflation Hits 8-Year Low in September
Retail inflation has dropped to an eight-year low of 1.54 percent in September. This decline places it below the Reserve Bank’s comfort zone for the second time in 2025. The…
India’s CPI Inflation May Stay Below RBI Forecast in FY26
India’s CPI inflation is projected to hold steady at 2.2 percent for FY26, according to SBI Research. This figure falls notably below the Reserve Bank of India’s forecast of 2.6…
Rupee’s Modest Recovery Faces Dollar Headwinds Amid Trade Talks
The Indian rupee’s mild recovery, fueled by news of U.S.-India trade talks, is likely to face resistance at open on Tuesday. This comes amid the dollar’s rally and hedging interest…
Retail Inflation Dips to 1.54%, an Eight-Year Low
India’s retail inflation has cooled sharply to 1.54% in September. This marks the lowest rate in eight years. The figure has fallen below the Reserve Bank of India’s lower tolerance…
Canara HSBC Life Insurance IPO Raises ₹750 Crore
The initial share sale of Canara HSBC Life Insurance saw 9 percent subscription on its first bidding day. Investors placed bids for 1,51,32,320 shares against the 16,67,15,000 shares available. This…
India Releases Special Coins and Stamps for RSS Centenary
The Indian government has unveiled special commemorative coins and stamps to celebrate the 100th anniversary of the Rashtriya Swayamsevak Sangh. Union Finance Minister Nirmala Sitharaman announced this significant release on…
Canara HSBC Life Expands Reach Post-IPO
Canara HSBC Life Insurance is set to boost its value of new business margins after its upcoming IPO. The company aims to diversify its product mix and expand distribution channels.…
SBI Followed Due Process in RCom Fraud Case: High Court
The Bombay High Court has upheld the State Bank of India’s decision to classify Reliance Communications’ loan account as fraudulent. Anil Ambani’s petition challenging the bank’s order was dismissed, with…